Vodafone Idea Ltd (IDEA) AI Stock Analysis

• Market Cap: ₹1.20T
• Dividend Yield: N/A
• Average Volume (3M): 84.53M
• Price to Earnings (P/E): ―
• Beta (1Y): 1.43
• Revenue Growth: 3.81%
• EPS Growth: 39.18%
• Country: IN
• Employees: 9,670
• Sector: Communication Services
• Sector Strength: 97
• Industry: Telecommunications Services
• EPS (TTM): -0.51
• Shares Outstanding: 108,343,030,000
• 10 Day Avg. Volume: 77,103,532
• 30 Day Avg. Volume: 84,531,396
• PEG Ratio: 0.05
• Price to Book (P/B): -0.79
• Price to Sales (P/S): 1.27
• P/FCF Ratio: -23.51
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹8.50
• Price Target Upside: -24.58% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 1
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 53 Neutral
• Price Target: ₹10.50 ▼(-6.83% Downside)

Vodafone Idea Ltd's overall stock score is primarily impacted by its weak financial performance, characterized by negative equity and high leverage. While technical analysis shows bullish momentum, the valuation remains unattractive due to negative earnings and no dividend yield. The absence of earnings call data and corporate events further limits the score.

Positive Factors

Revenue Growth

The company has shown a positive revenue growth trend, indicating potential market expansion and improved service adoption, which could enhance long-term stability.

Operational Cash Flow

Improved operational cash flow suggests better management of core business activities, which can support ongoing operations and future investments.

EBITDA Improvement

An improvement in EBITDA reflects better operational efficiency, which can lead to enhanced profitability and financial health over time.

Negative Factors

High Leverage

High leverage indicates significant financial risk, which can limit the company's ability to invest in growth opportunities and manage economic downturns.

Negative Equity

Negative equity suggests insolvency risk, which can undermine investor confidence and restrict access to capital markets for funding.

Persistent Negative Margins

Ongoing negative margins highlight challenges in achieving profitability, which can impact long-term financial sustainability and shareholder value.

Vodafone Idea Ltd Business Overview & Revenue Model

Company Description

Vodafone Idea Limited provides mobile telecommunication services in India. It offers voice and data services on 2G, 3G, and 4G technologies; broadband services; content services; digital and Internet of thing services; and other value added services, including entertainment, voice and SMS based, and utility services. The company also provides long distance and ISP services; passive infrastructure services; manpower services; fiber infrastructure services; and business and enterprise services. It also trades in mobile handsets, data cards, and related accessories. As of June 30, 2022, it had approximately 226.1 million mobile subscribers. The company was formerly known as Idea Cellular Limited and changed its name to Vodafone Idea Limited in August 2018. Vodafone Idea Limited was incorporated in 1995 and is based in Mumbai, India.

How the Company Makes Money

Vodafone Idea generates revenue primarily through its mobile telecommunications services, which include voice calls, SMS, and mobile data plans. The company offers various prepaid and postpaid subscription plans, catering to different customer segments. Mobile data services are a significant revenue driver, especially with the increasing demand for internet connectivity and data consumption in India. Additional revenue streams include value-added services, such as mobile banking, entertainment, and content streaming partnerships. The company also benefits from strategic alliances with content providers and technology partners, enhancing its service offerings and customer experience. Moreover, Vodafone Idea engages in enterprise solutions, providing connectivity and communication services to businesses, which contributes to its overall earnings.

Vodafone Idea Ltd Financial Statement Overview

Summary

Vodafone Idea Ltd faces considerable financial difficulties across its income statement, balance sheet, and cash flow. Despite some operational cash flow improvements, the company struggles with profitability, high leverage, and negative equity, raising concerns about financial sustainability and solvency.

Income Statement

Vodafone Idea Ltd has shown persistent negative margins across multiple years, with a net income that remains negative. The most recent year saw a slight improvement in EBITDA, but overall financial performance remains weak with declining revenue growth and substantial losses impacting profitability.

Balance Sheet

The balance sheet of Vodafone Idea Ltd reflects a challenging financial position with substantial negative stockholders' equity, indicating insolvency. High leverage is evident with the debt-to-equity ratio being negative due to the negative equity, suggesting significant financial risk.

Cash Flow

Cash flow performance shows some positive trends, such as positive operating cash flow. However, free cash flow has seen significant volatility and negative growth in the most recent year, indicating challenges in maintaining consistent liquidity and cash reserves.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	439.77B	434.56B	425.73B	421.43B	384.98B	419.38B
Gross Profit	195.19B	190.86B	182.55B	183.19B	175.76B	188.21B
EBITDA	135.26B	115.99B	105.53B	102.27B	93.12B	104.30B
Net Income	-275.59B	-273.83B	-312.38B	-293.01B	-282.45B	-442.33B
Balance Sheet
Total Assets	0.00	1.98T	1.85T	2.07T	1.94T	2.03T
Cash, Cash Equivalents and Short-Term Investments	63.10B	63.10B	1.68B	8.95B	14.59B	3.53B
Total Debt	0.00	2.33T	2.44T	2.38T	2.14T	2.02T
Total Liabilities	703.20B	2.68T	2.89T	2.82T	2.56T	2.42T
Stockholders Equity	-703.20B	-703.20B	-1.04T	-743.59B	-619.65B	-382.28B
Cash Flow
Free Cash Flow	0.00	-23.52B	192.12B	132.47B	112.75B	103.55B
Operating Cash Flow	0.00	76.53B	208.26B	188.69B	173.87B	156.40B
Investing Cash Flow	0.00	-167.01B	-19.07B	-54.14B	-57.30B	10.75B
Financing Cash Flow	0.00	91.37B	-189.80B	-146.79B	-105.54B	-167.31B

Vodafone Idea Ltd Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 11.27
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:IDEA, the sentiment is Neutral. The current price of 11.27 is below the 20-day moving average (MA) of 11.54, above the 50-day MA of 10.86, and above the 200-day MA of 8.31, indicating a neutral trend. The MACD of 0.08 indicates Positive momentum. The RSI at 47.86 is Neutral, neither overbought nor oversold. The STOCH value of 21.83 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for IN:IDEA.

Vodafone Idea Ltd Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
INDUSTOWER	79 Outperform	₹1.16T	12.35	―	―	7.80%	26.53%
BHARTIARTL	73 Outperform	₹11.53T	31.95	―	0.75%	25.17%	212.83%
TATACOMM	67 Neutral	₹500.52B	36.26	―	1.39%	4.94%	49.05%
RAILTEL	66 Neutral	₹113.31B	35.33	―	0.79%	29.92%	22.87%
BHARTIHEXA	62 Neutral	₹819.63B	53.15	―	0.78%	―	―
Sector *	60 Neutral	$48.67B	4.58	-11.27%	4.14%	2.83%	-41.78%
IDEA	53 Neutral	₹1.20T	-3.60	―	―	3.81%	39.18%

Vodafone Idea Ltd Corporate Events

Vodafone Idea Amends Promoter Agreement to Discharge Merger-Era Contingent Liability Mechanism

Vodafone Idea Ltd has executed an amendment agreement with its promoter group, the Vodafone Group shareholders, modifying the existing 2017 Implementation Agreement that was put in place at the time of the merger of erstwhile Vodafone India and Idea Cellular. The amendment formalises the discharge of the contingent liability adjustment mechanism (CLAM) created under the original merger terms, under which Vodafone Idea had recognised a maximum receivable of Rs 8,369 crore from Vodafone Group Promoters, with a current capped balance of Rs 6,394 crore still recorded as receivable. By clarifying and updating the treatment of this significant contingent liability arrangement with its promoters, the move helps tidy up a key legacy merger construct, offering more transparency around Vodafone Idea’s balance sheet and the financial commitments between the listed entity and the Vodafone Group.

Vodafone Idea to Appeal GST Order Over Alleged Excess Input Tax Credit

Vodafone Idea Limited has disclosed that it has received an order from the Assistant Commissioner, Central Goods and Services Tax & Central Excise, Patna West, under Section 73 of the CGST/SGST Act, 2017, confirming a tax demand with interest and a penalty of Rs 36.67 lakh related to alleged excess availment of input tax credit. The company has stated that it does not agree with the order and intends to file an appeal, indicating a limited but non-negligible financial exposure while signaling to investors and stakeholders that it will actively contest the indirect tax claim rather than accept the proposed liability.

Vodafone Idea contests Rs 795 crore GST order on licence fee and spectrum charges

Vodafone Idea Limited has disclosed that the Deputy Commissioner of State Tax, Andheri Division, Mumbai, has passed an order under Section 74 of the CGST/MGST Act, 2017, confirming a demand, interest and a penalty totalling approximately Rs 795.6 crore. The demand relates to alleged tax liabilities on additional licence fees and spectrum usage charges for the financial year 2018–2019. While the company has acknowledged that the maximum financial impact corresponds to the tax demand, interest and penalty levied, it has stated that it disagrees with the order and intends to pursue appropriate measures to seek rectification or reversal, signalling a potential legal or administrative contest that could influence its near-term tax outflows and compliance landscape.

Vodafone Idea Disputes GST Order Imposing Rs 4.16 Crore Penalty

Vodafone Idea Limited has disclosed that it has received an order from the Deputy Commissioner, Large Taxpayer Unit, West Bengal, under Section 73 of the Central and State Goods and Services Tax Acts, confirming a penalty of Rs 4.16 crore along with associated tax demand and interest. The order stems from alleged excess availment of input tax credit and payment of tax under an incorrect head, and while the maximum financial exposure equals the tax, interest and penalty levied, the company has stated it disagrees with the order and plans to pursue appropriate remedies for its rectification or reversal, signalling an ongoing tax dispute that could marginally affect its financials and underscores continuing regulatory scrutiny on large telecom operators.

Vodafone Idea Challenges GST Order Over Tax Credit Claims

Vodafone Idea Limited has disclosed an order under the Central Goods and Services Tax Act, 2017, which imposes a penalty of Rs. 40,09,461 due to alleged violations related to Input Tax Credit claims from suppliers with canceled registrations. The company disagrees with the order and plans to take corrective actions, highlighting potential financial implications due to the tax demand, interest, and penalty.

Vodafone Idea Clarifies AGR Relief Speculation

Vodafone Idea Limited has addressed a recent news article suggesting a 4% increase in its share price due to anticipated relief on Adjusted Gross Revenue (AGR) dues by the end of the year. The company clarified that it has previously issued statements regarding the Supreme Court’s order on AGR dues and will continue to provide updates as developments occur. This announcement highlights the potential impact of regulatory decisions on Vodafone Idea’s financial health and market position.

Vodafone Idea Completes Initial Investment in Renewable Energy Venture

Vodafone Idea Limited has completed the first tranche of its acquisition of a 26% stake in Aditya Birla Renewables SPV 3 Limited, investing Rs. 26,000 out of a total proposed investment of Rs. 1.56 Crore. This acquisition aligns with regulatory requirements for captive power plants and aims to secure cost-effective renewable energy, potentially strengthening Vodafone Idea’s operational efficiency and sustainability initiatives.